Foreclosure Homes in Lamoine, ME

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View this home at Birchlawn Dr Lamoine ME 04605
$273,979 EMV

| 0 Sq. Ft.

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Lamoine, ME Foreclosures

How much do homes sell for in Lamoine, ME?
The average home price is currently $491,029.
In Lamoine, ME, how many homes are available?
There are currently 749 active home listings available in Lamoine.
What’s the average rental cost in Lamoine, ME?
The average rental price in Lamoine is $1,112.
What is the most expensive home in Lamoine, Maine?
The most expensive home sold in Lamoine had a price of $4,299,999.
What is currently the cheapest priced home in Lamoine, ME?
The cheapest home for sale in Lamoine is priced at $26,376.

Home Value Estimator For Lamoine, ME

There are currently 749 real estate properties in Lamoine, ME, with a median automated valuation model (AVM) price of $400,263.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lamoine, ME, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lamoine, ME, is $491,029.00, with the most expensive house in Lamoine, ME, topping out at $4,299,999.00 and the cheapest home in Lamoine, ME, clocking in at $26,376.00. In other words, there’s something for every potential homebuyer or savvy investor in Lamoine, ME!

Rent Prices In Lamoine, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lamoine, ME, is on a rollercoaster ride. The average rent price in Lamoine, ME, is $1,112.00. Indeed, when looking to rent in Lamoine, ME, you can expect to pay as little as $980.00 or as much as $1,360.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Lamoine, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Lamoine, ME In 2024

Lamoine is located in Hancock, Maine, with an estimated municipal population of 1,680 residents. All of the best foreclosed homes for sale in Lamoine are located in the following zip code areas on 04605. The estimated population per square kilometer (.62 miles) in Lamoine is 36.

Cost Of Living In Lamoine, ME

So, about how much do homes cost in Lamoine? The most recent median value of resident-owned homes in Lamoine is 227,176. An estimated 87.7 percent of households in Lamoine own their homes, with an average family size of 2.51. The median household income in Lamoine is 69,500, with33.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lamoine, the median commute time of resident workers (in minutes) is 27.3. And last, but certainly not least, are you looking for homes to rent in Lamoine? If so, the average rent price paid by renters in Lamoine is 988, according to recent statistics.

Diversity And Demographics In Lamoine, Maine

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lamoine, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lamoine is 52.6, split between 49 percent male versus 51 female. The percentage of residents who report being married in Lamoine is 54.7, with an average family size of 2.51.

The percentage of residents who report their race in Lamoine is as follows:

White 98.4%
Black / African American 0%
Asian 0.7%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Lamoine? Or maybe you are searching for 55+ active adult communities in and/or near Lamoine?

The percentage of residents who report their age in Lamoine is as follows:

Under 10 4.3%
Aged 10-19 8.6%
20s 7.7%
30s 9.7%
40s 14.1%
50s 21.8%
60s 17.9%
70s 9.2%
80+ 6.7%

Best Schools In Lamoine, Maine

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lamoine with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lamoine.

Pros And Cons Of Living In Lamoine, Maine

How do you know that living in -- or moving to -- Lamoine is right where you need to be? Perhaps you grew up in Lamoine or already live nearby; therefore, the decision to buy a home in Lamoine is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lamoine for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lamoine:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lamoine.

Reasons To Move To Lamoine, Maine, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lamoine can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lamoine, meanwhile, can field multiple offers from more qualified buyers.

Lamoine, ME Foreclosures


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